Land Acquisition Specialist

3 weeks ago


Myrtle Beach, South Carolina, United States Lennar Homes Full time
Land Acquisition Specialist

Lennar Homes is a leading homebuilder dedicated to making a positive impact and creating an extraordinary experience for its Homeowners, Communities, and Associates. As a Land Acquisition Specialist, you will play a crucial role in sourcing and preparing competitive market analysis studies and reports, assembling financial reports and statements, and providing support in preparing feasibility books and other documentation for corporate approval.

Your Key Responsibilities

  • Perform a lead role in the financial analysis inherent to quarterly and annual Division Business Plans summarizing actual and projected financial performance for the Division and each Division asset.
  • Prepare gross revenues, profit margins, sources and uses of funds, and related distribution projections, cash flow forecasts, break-even analysis, cost-basis and cost-of-sales analysis, return-on-assets, and internal rate of return.
  • Assist in financial feasibility analysis for each of the Division's acquisitions opportunities.
  • Prepare underwriting proformas and related financial documentation for each asset acquired by Division.
  • Perform asset sales pricing analysis and formulate/analyze financial deal points for each of the Division's disposition opportunities.
  • Recommend price/profit participation structures, price escalations/option payment schedules, interest rates, and other financial strategies.
  • Implement and maintain a computerized financial proforma model for community planning purposes.
  • Collaborate with other management associates to develop alternative business planning scenarios and recommend an optimum financial plan.
  • Provide financial analysis data to Corporate Finance customers to ensure adherence to financial strategies and procedures.
  • Maintain a market analysis database for use in project feasibility analysis.
  • Understand competitive market trends by visiting sites as required and analyzing competitive pricing, features, costs, and other market factors.
  • Assist in the Greenfolder process by preparing vestacalcs, charts, graphs, and reports as required.
  • Formulate budgets for assigned programs/projects and administer related vendor contracts, change orders, check requests, and invoices.

Your Qualifications

  • Bachelor's Degree in Business, Economics, Real Estate, Finance, or a related field.
  • 3-5 years of related experience preferred.
  • Basic understanding of real estate and residential land use.
  • Local real estate knowledge is highly beneficial.
  • Highly proficient in Microsoft Excel, Word, and PowerPoint, with a working knowledge of mapping applications.
  • Detail-oriented with strong critical thinking and problem-solving skills.
  • Excellent interpersonal, written, and verbal communication skills.

Physical & Office/Site Presence Requirements

Regular attendance at Company communities/job sites and offices during regular work hours is an essential function of this job. Requires the ability to work in excess of eight hours per day in the confined quarters of a construction trailer, operate a motor vehicle, read plans, climb stairs and ladders, bend, stoop, reach, lift, move, and/or carry equipment weighing over 50 pounds. Job may require occasional operation of construction equipment. Finger dexterity may be required to operate a computer keyboard and calculator.

Life at Lennar Homes

Lennar Homes is committed to fostering a supportive and enriching environment for its Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Our Associates have access to robust health insurance plans, including Medical, Dental, and Vision coverage, ensuring their health needs are well taken care of. Our 401(k) Retirement Plan, complete with a $1 for $1 Company Match up to 5%, helps secure their financial future, while Paid Parental Leave and an Associate Assistance Plan provide essential support during life's critical moments. To further support our Associates, we provide an Education Assistance Program and up to $30,000 in Adoption Assistance, underscoring our commitment to their diverse needs and aspirations. From the moment of hire, they can enjoy up to three weeks of vacation annually, alongside generous Holiday, Sick Leave, and Personal Day policies. Additionally, we offer a New Hire Referral Bonus Program, significant Home Purchase Discounts, and unique opportunities such as the Everyone's Included Day. At Lennar Homes, we believe in investing in our Associates, empowering them to thrive both personally and professionally.



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